Overview
Real Estate

Yamaichi Real Estate Co.,Ltd

Yamaichi Unihyme Estate is a vertically integrated real estate developer based in Osaka, operating across four segments: real estate development and leasing (commercial facilities, apartments, offices), real estate development and sales (residential and industrial land, detached housing), condominium development and sales (under the 'Unihyme,' 'Unihyme Exia,' and 'Aura' brands targeting family and urban buyers), and other businesses including senior housing and care services. The company's core competency lies in full-line land development—from site acquisition and land readjustment of complex agricultural and undeveloped plots through to construction, sale, or long-term holding—primarily in the Kinki region with expanding presence in the Tokai region and Greater Tokyo. Its land-centric investment approach and flexible exit strategies (leasing vs. sale) allow the group to optimize cash flows on a project-by-project basis.

Market Cap
¥6.67B
US$42.5M
EV
¥43.6B
US$277M
Stock¥769▼-0.52%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
14.4
x
LTM EV/EBIT
18.4
x
LTM PER
8.1
x
LTM PBR
0.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-18.2%pt
100
Oct 23, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
6.67BUS$42.5MMarket Cap41.5BUS$264M+ Debt4.27BUS$27.2M− Cash0.43BUS$2.73M− Inv. Sec.0.08BUS$0.48M+ NCI43.6BUS$277MEV
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Performance & Balance
Revenue 5Y (¥B)
15.0US$95.7M'21/318.6US$119M'23/320.1US$128M'24/320.9US$133M'25/317.6US$112M'26/3
EBITDA 5Y (¥B)
2.39US$15.2M'21/33.04US$19.3M'23/33.00US$19.1M'24/32.44US$15.5M'25/32.58US$16.4M'26/3
Net Income 5Y (¥B)
0.80US$5.12M'21/31.31US$8.32M'23/31.26US$7.99M'24/30.68US$4.34M'25/30.56US$3.59M'26/3
Capital Structure
25%
75%
EquityD/E 2.99xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.78US$24.1M25.1US$160M'21/34.96US$31.6M25.3US$161M'23/37.55US$48.1M29.0US$185M'24/36.03US$38.4M31.6US$201M'25/35.55US$35.4M41.7US$266M'26/3
Shareholders
Top 10 hold 64.1%
1
Ys' Assortment Co., Ltd.
46.13%
2
Will Asset Co., Ltd.
5.77%
3
Shigeru YAMADA
3.50%
4
Mayumi DOMURA
3.07%
5
Takashi SUZUKI
1.47%
6
Yoshiaki OGAWA
1.15%
7
Tomohiro TANAKA
1.15%
8
Nobuhide GOWA
0.69%
9
Katsuyoshi TORIGE
0.63%
10
Tokunari OIWA
0.59%
Management
8 officers
Shigeru YAMADA
Representative Director, President
Apr 1981 Joined Nobetoki Shoji Co., Ltd. Mar 1985 Established Yamaichi Fudosan Co., Ltd. Jun 1989 Established Yamaichi Estate Co., Ltd. (now the Company); assumed office as Representative Director, President (current) Jun 2018 Assumed office as Director, Unihaim Estate Co., Ltd. Jun 2018 Assumed office as Director, Wellness Court Co., Ltd. (current) Jan 2023 Assumed office as Representative Director, L&B Co., Ltd. Sep 2024 Assumed office as Director, Taisei Jutaku Co., Ltd. (current) Apr 2026 Assumed office as Director, L&B Co., Ltd. (current)
1957-08-21
Hiroyuki YAMADA
Senior Managing Director, General Manager of Corporate Planning Division
Apr 2010 Assumed position as Researcher, Systems Biology Division, Graduate School of Pharmaceutical Sciences, Kyoto University Apr 2012 Assumed position as Assistant Professor (Specially Appointed), same division May 2012 Resigned from same division Jul 2012 Joined Yamaichi Estate Co., Ltd. (now the Company) Sep 2012 Assumed office as Director in charge of General Affairs, the Company Sep 2015 Assumed office as Director in charge of Construction Department, the Company May 2017 Assumed office as Director in charge of Corporate Planning Division, the Company (current) Jun 2018 Assumed office as Director, Unihaim Estate Co., Ltd. Jun 2018 Assumed office as Representative Director, Wellness Court Co., Ltd. (current) Jun 2018 Assumed office as Managing Director, the Company Nov 2022 Assumed office as Representative Director, New Life Service Co., Ltd. (current) Jan 2023 Assumed office as Director, L&B Co., Ltd. (current) Jun 2023 Assumed office as Senior Managing Director, the Company (current) Sep 2024 Assumed office as Director, Taisei Jutaku Co., Ltd. (current) Oct 2024 Assumed office as Director, ST Link Co., Ltd. (current)
1981-09-29
Kazumasa KUNISADA
Managing Director, General Manager of Real Estate Business Division
May 2017 Joined the Company Mar 2019 Assumed office as Director in charge of Rental Property Department, the Company Mar 2021 Assumed office as Executive Officer, the Company; General Manager of Real Estate Development Division Jan 2023 Assumed office as Director, L&B Co., Ltd. Jun 2023 Assumed office as Director in charge of Real Estate Development Division, the Company (current) Apr 2026 Assumed office as Managing Director, the Company (current) Apr 2026 Assumed office as Representative Director, L&B Co., Ltd. (current)
1969-06-14
Kenji SONODA
Director, General Manager of Administration Division
Apr 1993 Joined Unichika Estate Co., Ltd. (formerly Unihaim Estate Co., Ltd.) Jun 2013 Assumed office as General Manager, Administration Department, same company Oct 2017 Assumed office as Executive Officer and General Manager, Administration Department, same company Jun 2020 Assumed office as Director and General Manager, Administration Department, same company Mar 2021 Assumed office as Director in charge of Administration Division, the Company (current) Nov 2022 Assumed office as Director, New Life Service Co., Ltd. (current)
1969-09-06
Akira KAWAKAMI
Director
Oct 2002 Joined Osaka Honmachi Law Office Jul 2019 Left Osaka Honmachi Law Office Aug 2019 Opened Tsutsui Kawakami Law Office; Partner (current) Jun 2021 Assumed office as Director, the Company (current)
1976-04-10
Hironori TANIGUCHI
Director, Audit and Supervisory Committee Member
Mar 1983 Joined Noritz Keiki Co., Ltd. Jun 2011 Assumed office as Director (part-time), Wakayama Research Lab Co., Ltd. Jun 2015 Assumed office as Auditor (part-time), NK Works Co., Ltd. (now Noritz Precision Co., Ltd.) Jun 2015 Established Ima & Mirai no Sozo Support; Representative Jun 2017 Joined Nihon Shogyo Kaihatsu Co., Ltd. (now Jinushi Co., Ltd.) Apr 2021 Established Ima to Mirai Partners; Representative Jun 2022 Assumed office as Director (Audit and Supervisory Committee Member), the Company Nov 2022 Assumed office as Auditor, New Life Service Co., Ltd. (current) Jun 2023 Assumed office as Full-time Director (Audit and Supervisory Committee Member), the Company (current) Sep 2024 Assumed office as Auditor, Taisei Jutaku Co., Ltd. (current) Oct 2024 Assumed office as Auditor, ST Link Co., Ltd. (current) Sep 2025 Assumed office as Auditor, L&B Co., Ltd. (current) Jun 2026 Assumed office as Auditor, Wellness Court Co., Ltd. (current)
1960-06-30
Hiroyuki MATSUBARA
Director, Audit and Supervisory Committee Member
Nov 2004 Joined Deloitte Touche Tohmatsu LLC Mar 2009 Joined Arai Matsubara Consulting Co., Ltd. Sep 2009 Assumed office as Director, Arai Matsubara Consulting Co., Ltd. Jul 2016 Assumed office as Representative Director, Arai Matsubara Consulting Co., Ltd. (current) May 2017 Assumed office as Auditor, the Company Jun 2020 Assumed office as Director (Audit and Supervisory Committee Member), the Company (current)
1981-03-11
Takashi TERADO
Director, Audit and Supervisory Committee Member
Mar 2009 Joined Deloitte Touche Tohmatsu LLC Oct 2018 Joined Gyosei Audit Corporation Jan 2023 Assumed position as Partner, FRIQ Audit Corporation Jun 2023 Assumed office as Director (Audit and Supervisory Committee Member), the Company (current) Jul 2025 Joined Rubable Marketing Group Co., Ltd. Jan 2026 Assumed office as Auditor, L Marke Co., Ltd. (current)
1980-10-18
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINETAmended
2026-08-26
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-08-26
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-06-28
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2024-06-28
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-04-08
Amended Securities Registration Statement
EDINET
2024-03-29
Securities Registration Statement
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINETAmended
2022-06-09
Amended Securities Registration Statement
EDINETAmended
2022-06-01
Amended Securities Registration Statement
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